Stanley Bishop, a president of The PGA of America and an
aggressive and profound leader, announced that the PGA's moving to a $10
million purse, the pool of prize money available to golfers in a professional
tournament. As Global Syn-Turf, Inc., a leader in artificial grass
manufacturing since 2009, continues following the PGA Golf of America - an
organization of golf professionals.
According to the SB Nation, the purse has an a $2 million
increase from last year, which set the bar for all the other majors golf
tournaments, such as Masters, U.S. Open and British Open, to bump their purses
from last year's $8 million total. This announcement definitely that upset the
synergy of having all four majors golf leads pay out the same amount,
consequently the rest of major golf organizations increased their purses this
year to at least $9 million, but none matched the $10 million commitment by the
PGA last year. In addition to the big boost to the winner's earnings, the $10
million purse also means that the second-place finisher takes home seven
figures of the price money. The PGA golf leaderboard shows a mashed lower
pay-off for the inferior places, but should someone separate himself into solo
second, he'll earn a $1.08 million check. That's $700k less than the winner, still
an enormous profit for not even winning a tournament.
The source of the most of the pool of the money, the purse,
comes from different TV networks that broadcast PGA Golf tournaments. According
to an article in Forbes, major TV network provides 60 percent of each
tournament's purse. The rest of 40 percent of the prize money is provided by
the tournament's sponsors, who range from golf clubs and equipment, golf
courses to organizations such as Global Syn-Turf, who produces highest quality
synthetic grass. The sponsors typically take in revenue from sources such as product
advertising, ticket sales, quest parking and franchises, from which they hope
to pay their share of the purse, with something left over as profit. Then the
shares are divided amongst the winners. Each successive place down the line
receives a smaller piece of the pie. Typically, each golfer who makes the final
tournament's cut earns some of the prize money. On the Champions Tour the
champion receives 15 percent of the purse. In European Tour the winning player
will reserve 16.67 percent of the purse. As of 2012, no regular tournament on
the PGA Tour offers a purse of less than $1 million. The lowest-paying event on
the official PGA Tour calendar is the ADT Skills Challenge, with a total purse
of $800,000. Each of the four major tournaments, such as U.S. Open, Masters,
British Open and PGA Championship -- offer purses of $8 million, with $1.44
million going to the winner.
In Global Syn-Turf, Inc. we report that
according to financial data the revenue that two other field sports, American
Football and Baseball, are less overall accumulate than PGA Golf tournaments do.
For instance, NFL Super Bowl is the most popular world of sponsorship that
pools the prize money for the winning team. The Super Bowl is TV advertising's
biggest and most expensive stage, hitting only around $4 million per 30-second
spots this year. Consequently, Major League Baseball hopping to reach $9
billion in 2014 for their main sponsorship revenue. Either way, Global
Syn-Turf, Inc. hopes to support our country's favorite sports teams in the
future. ...

The PGA of America is the home to some of the most important
events in golf, such as the PGA Golf Championship, the Senior PGA Golf
Championship, The PGA Grand Slam of Golf and The Ryder Cup. PGA Golf tournament
includes many extraordinary golf players, but only one stood out for Global
Syn-Turf (GST), a leader in artificial synthetic grass industry. In 1985 PGA
Golf leaderboard named Bernhard Langer the Master of Golf Champions.
Bernhard Langer, a professional golfer from Germany, won his
first of two major PGA Golf Championships that held in 11-14 April 85' at age
of 27. Langer scored with two strokes ahead of runners-up Steve Ballesteros,
Raymond Floyd, and Curtis Strange. That year PGA golf leaderboard showed a 69
(-3) on Saturday put Floyd in the lead after 54 holes at 212 (-4); Strange was
a stroke back, followed by Langer and Ballesteros at 214 (-2). Despite an opening round 80, Strange led by
three strokes with six holes to play in the final round, but bogeyed the 13th,
15th, and 18th holes and finished two strokes back. According to the Register-Guard associated
press, "It was 'a dream come true," for Langer, who surged from four strokes
back with nine holes to play. He claimed his first American title and became
only the third foreign player to do the green jacket that goes to the Masters
champions." The 1985 PGA golf leaderboard recorded that Langer won by two shots
with a 282 total, 6-under-par on the Augusta National Golf Club course. "I was
looking at the leader boards and I thought it was going to be another case
where I played well and came in second again," Langer said to the associated
press. In the final round, the leaderboard recorded Langer rolling in four
birdie putts in the 13 to 18-foot range, finishing the four-stroke deficit and
wining by two. He won by using two different putting techniques, conventional
from distances of 20 feet or more and a cross-handled grip from inside 20 feet.
On July 27, 2014 the Senior Open Championship at Royal
Porthcawl Golf Club reworded a victory cup for a closing round of 67 (-4) that
Langer win by a staggering 13 shots from Colin Montgomerie. As the Golf
Leaderboard reported that Langer shot a final-round 67 for a four-round total
of 266 (-18). He broke the Champions Tour record for margin of victory that had
been held for 17 years by Hale Irwin. Langer's final round victory march,
taking the lead of Wales' first Senior Major Championship to 43 put scoring
503, which is the second highest in the history of the championship. With
Langer's incredibly winning total made even more remarkable given that only
four other players broke par for the Senior Open Championship. In his interview
after the match, Langer stated that "This [was ] unusual," which earned him a place
in next year's Open Championship at St. Andrews. He continued, "I've won a
tournament by 17, the World Championship under 25 years, but this just doesn't
happen, not with the competition you're facing.... So it's been an amazing week
for me." With the excitement and satisfaction he continued to his next match
competition in Blaine that is holed by 3M Championship. At Global Syn-Turf, the world's leading
synthetic grass manufacturers will continue watching the PGA Golf Leaderboard
for Langer's success in PGA Golf tournaments.Congratulations Bernhard
Langer - 2014 Senior Open Champion! ...

Golf has been always the best place to build business relationships. The latest research shows that a great percent of business is made on golf courses. Professional golf players seem to enjoy their business perspectives right after they hit their retirement age. While most of us wait for retirement to play golf, golf pros swing a club to retire into a large business.
Gary Player:The Black Knight
Gary Player was born in Johannesburg, South Africa in 1935 in the poor family of gold miner and housekeeper. He lost his mother when he was eight. Gary played his first game at the age of fourteen, at 23 won British Open, and at 29 became the only non-American to win all four majors after he won the 1965 U.S. Open. To say, Gary Player has a productive life is to say nothing.
Ranking third in total professional wins, Gary Player has nine major championships of the PGA tour and three Senior British Open Championships on the European Senior Tour. He and his wife, Vivienne Verwey, has six children and 21 grandchildren. But his success in golf didn't forbid him to continue expansion in life. Gary Player is a great example of how a person of a substantial character can build a thriving business off it.
Nicknamed "The Black Knight," Mr. Fitness, International Ambassador of Golf, Player was awarded the Bob Jones Award in 1966, which stands for the highest honor by U.S. Golf Association. He was inducted into the World Golf Hall of Fame in 1974.
As Arnold Palmer and Jack Nicklaus, Gary Player started by designing golf courses. It led him to his brand of merchandising, apparel and wine, events, publishing, real estate development. He founded the Player Foundation to focus on education for underprivileged all around the world. Funds partly came from games he played with corporate VIPs.
Gary Player designs course not just in United States. He planned 325 courses in 35 countries by 2014. Today, when golf as an industry dries up in States, he has secured his contracts in Middle East, China and India. In his interview with Forbes, Player said:
"A lot of golf architects are saying when things are rosy and cozy, 'Well I'm not going to go to China or India and design courses, are you crazy? Now all of a sudden all there are no golf courses in America. Well, they're thinking otherwise. But it's a little bit late. It's a little bit late because 80 percent of the golf designers have gone out of business."
Gary's son, Marc Player said that the golf course design business generated $23 million in 2013. His real estate ventures and licensing deals make $5 million. And $8 million come from corporate sponsors, Rolex, Callaway and SAP. At 77 years old, Gary is making more money from his businesses than the $14 million in PGA and Senior Tour profits he gained over 60-year career.
Jack Nicklaus: The Golden Bear
Jack Nicklaus was born in North Palm Beach, Florida in the family of pharmacist Charlie Nicklaus and his wife, Helen. Jack started up with golf at the age of 10 and joined Scioto Country Club the same year. The initial idea was to heal a volleyball injury. At 13, he broke 70 records at the club for the first time and was qualified into U.S. Junior Amateur.
Jack fulfilled his father's wish and attended Ohio State college with a major in pharmacy. To survive and to support his family, Jack took college programs to study insurance, and was making his living in the insurance field until his professional golf career took off.
Jack Nicklaus won total 18 career major championships over the last 25 years. But as practice shows, golfers change their careers more often than any other type of athletes. Golf is a sport for rich and powerful. According to Jack, the competitive game was a part of his business life.
"Most people work all their lives so they can eventually stop and go play golf," he says. "I played golf my whole life and when I stopped, I went to work."
The architecture and design of golf courses are still a profitable business. Nicklaus Design, has designed more than 380 course in 36 different countries. Swinging toward the golf course design seems to be a natural course of action for every talented and ambitious golf player since times of George Crump and AW Tillinghast.
He also runs Nicklaus Children's Health Care Foundation, and the golf merchandise enterprise, which includes golf balls venture and beverages.
In is interview with Forbes, Jack said that his intention is not to become rich, but to provide well for his family.
"It was never important to me to be the wealthiest person," Nicklaus said to journalists.
Arnold Palmer: The King
Arnold Palmer built his fortune on licensing agreements and iced tea. He was always regarded as one of the greatest players in the history. Older than Jack Nicklaus and Gary Player, Arnold is 85 years old (he was born in September 1929). Legendary super-start, "The King" with his unmistakable charm and swing, seven-time major champion's fame is bigger than ever. And not just because his outstanding performance in golf.
In 1972, Palmer with his partner, Ed Seay, opened Palmer Course Design company. They have designed over 200 course around the globe. Since 1971, Palmer owned Latrobe Country Clubs, where his father was head professional and greenskeeper.
Arizona's "Arnold Palmer" beverage venture didn't start up as easy. But in 2012 with no special advertising, his company made almost $200 million in sales.
First time in the history, Palmer was awarded the Presidential Medal of Freedom in 2014. He was honored the Congressional Gold Medal in 2009.
Greg Norman: The Great White Shark
Greg Norman has also built a successful business on course design and a shark logo. He was born in 1955 in Queensland, Australia. Called "The Great White Shark" Norman won over 85 international tournaments. His father was an electrical engineer, and his mother was the daughter of the carpenter and a fine golfer herself. Norman began playing golf at 15, and turned professions in 1976, at the age of twenty-one.
Norman was the first person in PGA Tour history to gain $10 million from the game. He has been a spokesman for several companies, including General Motors-Holden. As a fact, Commodore model was named after Norman.
As much as Norman was a tragic figure in American golf history, his losses were increasing his popularity in general. Martial art fan, he takes his philosophy from the putting greens to his business career. Norman's dream to become a major brand like Ralph Lauren turned to make $2 million stake in the golf clubs manufacturing Cobra. It jumps into $40 million five years later,
Norman, under the umbrella of Great White Shark enterprises, designs golf courses, sells clothing and wine, meat. He builds resorts and runs investment funds. It is a mixture of partnerships, own ventures and licensed products, distributed internationally.
Norman rests his biggest opportunities in China where he is named the official adviser to the Chinese Olympic golf team. They call his "Dabai Sha" (big shark). His wines become more popular among Chinese.
According to Forbes, Norman has more fun in big business play than he ever had in golf. He doesn't talk much about it. He takes pictures of his head inside 1,400-pound African crocodile and spends summer hunting and fishing at his ranch in Colorado.
It says a lot about Greg Norman. Golf was a great starting point in his life. It seems that he is more of a team player than a single shot. ...